Xerox Corporation today announced that it has successfully priced an offering of (i) $400,000,000 in aggregate principal amount of 10.250% Senior Secured First Lien Notes due 2030 (the "First Lien Notes") to be issued by Xerox Corporation and guaranteed by Xerox Holdings Corporation ("Xerox" and, together with Xerox Corporation, the "Company") and certain of Xerox's domestic and foreign subsidiaries and (ii) $400,000,000 in aggregate principal amount of 13.500% Senior Secured Second Lien Notes due 2031 (the "Second Lien Notes" and, together with the First Lien Notes, the "Notes") to be issued by Xerox Issuer Corporation (the "Escrow Issuer"), a wholly-owned subsidiary of Xerox Corporation.

Xerox Corporation today announced an offering of (i) $400,000,000 aggregate principal amount of Senior Secured First Lien Notes due 2030 (the "First Lien Notes") to be issued by Xerox Corporation and guaranteed by Xerox Holdings Corporation ("Xerox" and, together with Xerox Corporation, the "Company") and certain of Xerox's domestic and foreign subsidiaries and (ii) $400,000,000 aggregate principal amount of Senior Secured Second Lien Notes due 2031 (the "Second Lien Notes" and together with the First Lien Notes, the "Notes") to be issued by Xerox Issuer Corporation (the "Escrow Issuer"), a wholly-owned subsidiary of Xerox Corporation. Xerox Corporation intends to use the net proceeds from

Connecticut Children's and Xerox are reimagining pediatric healthcare with the help of cutting-edge artificial intelligence. Through an expanded partnership with Xerox, the health system is introducing AI-powered solutions to streamline care delivery and elevate patient outcomes. From enabling emergency department nurses to prepare more effectively for procedures to using predictive analytics to reduce heart-related risks in pediatric cancer patients, AI is already transforming how Connecticut Children's delivers care to its patients. "Embracing advanced AI technologies allows us to give our caregivers the most precious resource of all—more time with their patients," said Bob Duncan, Chie

Citigroup initiated coverage of Xerox with a rating of Sell and set a new price target of $11.00

Credit Suisse initiated coverage of Xerox with a rating of Underperform and set a new price target of $14.00

Morgan Stanley initiated coverage of Xerox Holdings with a rating of Underweight and set a new price target of $17.00

4 - Xerox Holdings Corp (0001770450) (Issuer)

4 - Xerox Holdings Corp (0001770450) (Issuer)

4 - Xerox Holdings Corp (0001770450) (Issuer)

8-K - Xerox Holdings Corp (0001770450) (Filer)

10-K - Xerox Holdings Corp (0001770450) (Filer)

8-K/A - Xerox Holdings Corp (0001770450) (Filer)

Xerox Holdings Corporation (NASDAQ:XRX) today announced it has agreed to acquire ITsavvy, an Oak Brook, Illinois-based provider of integrated IT products and associated services, for $400 million consisting of a $180 million cash payment and secured promissory notes totaling $220 million, subject to certain customary pre- and post-closing adjustments and escrow arrangements. The transaction is expected to close during the fourth quarter of 2024 and remains subject to merger clearance control. ITsavvy is a portfolio company of GenNx360 Capital Partners, a New York-based private equity firm. "As part of our Reinvention we have created a greater organizational focus on our emerging IT Service

Collaboration aims to deliver advanced digital embellishment capabilities to clients Xerox Holdings Corporation (NASDAQ:XRX) and Taktiful Software Solutions today announced the intent to form a new strategic partnership to extend their presence in the digital embellishment market. This new alliance will build upon a foundation of successful collaboration, leveraging Xerox industry-leading digital printing technology and expansive market reach alongside Taktiful's AI-powered digital embellishment solutions and focus on client-specific empowerment. It will mark a significant step forward in delivering extraordinary production print enhancement capabilities and maximizing business developmen

Xerox Holdings Corporation (NASDAQ:XRX) today announced the election of six new members to the Company's Board of Directors at its Annual Meeting of Shareholders. The new members bring deep technology, product, and operations expertise to further Xerox's Reinvention objective of becoming a services-led, software-enabled organization positioned for sustainable, long-term growth. The newly elected Directors are as follows: John Bruno, President and Chief Operating Officer, Xerox Tami Erwin, former Executive Vice President and Group CEO, Verizon Business Group Priscilla Hung, former President & Chief Operating Officer, Guidewire Software Edward McLaughlin, President & Chief Techn

Xerox Holdings Corporation (NASDAQ:XRX) announced today that its board of directors declared a quarterly dividend of $0.125 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on April 30, 2025, to shareholders of record on March 31, 2025. The board also declared a quarterly dividend of $20.00 per share on the outstanding Xerox Holdings Series A Convertible Perpetual Preferred Stock. The dividend is payable on April 1, 2025, to shareholders of record on March 15, 2025. About Xerox Holdings Corporation (NASDAQ:XRX) For more than 100 years, Xerox has continually redefined the workplace experience. Harnessing our leadership position in office and production print t

Company advances Reinvention; guides to growth in revenue and profits for 2025 Financial Summary Q4 2024 Revenue of $1.61 billion, down 8.6 percent, or 8.0 percent in constant currency. GAAP net (loss) of $(21) million, or $(0.20) per share, an improvement of $37 million or $0.30 per share, year-over-year, respectively. Adjusted net income of $49 million, or $0.36 per share, down $7 million or $0.07 per share, year-over-year, respectively. Adjusted operating margin of 6.4 percent, up 100 basis points year-over-year. Operating cash flow of $351 million, down $38 million year-over-year. Free cash flow of $334 million, down $45 million year-over-year. FY 2024 Revenu

Transaction between printing industry icons is expected to close in second half of 2025 Xerox Holdings Corporation (NASDAQ:XRX) today announced it has agreed to acquire Lexmark International, Inc., from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre in a deal valued at $1.5 billion, inclusive of assumed liabilities. This acquisition will strengthen the Xerox core print portfolio and build a broader global print and managed print services business better suited to meet the evolving needs of clients in the hybrid workplace. "Our acquisition of Lexmark will bring together two industry-leading companies with shared values, complementary strengths, and a deep c

SC 13G/A - Xerox Holdings Corp (0001770450) (Subject)

SC 13G/A - Xerox Holdings Corp (0001770450) (Subject)

SC 13G/A - Xerox Holdings Corp (0001770450) (Subject)